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Re: kennypooh post# 1349

Wednesday, 05/07/2008 5:07:07 PM

Wednesday, May 07, 2008 5:07:07 PM

Post# of 1440
yes, but what happens when the original subscribers are still in possession of the original share certs and have not parted with them, sold them to brokers or otherwise pledged them? Likewise with the forward split shares.

IE................ no one else has any title to them, as in this case [I believe] where the SEC has placed strict conditions on further dealings in MSRM shares. I'll bet most of the original 2006 subscribers to the MSRM issue have not sold their stock on simply because they paid such a high premium for it.

Nonetheless the little graph at the top of this board shows MSRM trade activity. I don't get it. What are these folk trading?? It is nothing more than an option to purchase something they don't own and probably can't get hold of. I can't see how they can cover their position if they need to.

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